The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
Estimated average burden
hours per response: 23.8
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
ADVANCE AUTO PARTS INC COM 00751y106 3,115 19,425 SH   SOLE   19,425 0 0
ALPHABET INC CAP STK CL A 02079k305 10,804 14,162 SH   SOLE   14,162 0 0
ALPHABET INC CAP STK CL C 02079k107 3,242 4,352 SH   SOLE   4,352 0 0
ALTRIA GROUP INC COM 02209s103 561 8,950 SH   SOLE   8,950 0 0
AMERICAN INTL GROUP INC COM NEW 026874784 270 5,000 SH   SOLE   5,000 0 0
AT&T INC COM 00206r102 283 7,213 SH   SOLE   7,213 0 0
BAKER HUGHES INC COM 057224107 4,383 100,000 SH   SOLE   100,000 0 0
BANK AMER CORP *W EXP 01/16/201 060505146 191 49,200 SH   SOLE   49,200 0 0
BANK NEW YORK MELLON CORP COM 064058100 278 7,546 SH   SOLE   7,546 0 0
BENCHMARK BANKSHARES COM 08160E207 1,697 142,632 SH   SOLE   142,632 0 0
BERKLEY W R CORP COM 084423102 3,688 65,625 SH   SOLE   65,625 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 12,666 89,270 SH   SOLE   89,270 0 0
CHEVRON CORP NEW COM 166764100 384 4,027 SH   SOLE   4,027 0 0
CIMPRESS N V SHS EURO n20146101 20,695 228,200 SH   SOLE   228,200 0 0
CLOROX CO DEL COM 189054109 231 1,834 SH   SOLE   1,834 0 0
COCA COLA CO COM 191216100 479 10,315 SH   SOLE   10,315 0 0
COLFAX CORP COM 194014106 272 9,500 SH   SOLE   9,500 0 0
DOMINION RES INC VA NEW COM 25746u109 408 5,434 SH   SOLE   5,434 0 0
EXELON CORP COM 30161n101 399 11,132 SH   SOLE   11,132 0 0
EXXON MOBIL CORP COM 30231g102 419 5,009 SH   SOLE   5,009 0 0
HOMEFED COM 43739d307 287 8,563 SH   SOLE   8,563 0 0
HOWARD HUGHES CORP COM 44267d107 5,951 56,200 SH   SOLE   56,200 0 0
IMPERIAL METALS COM 452892102 5,579 1,736,050 SH   SOLE   1,736,050 0 0
INTERNATIONAL BUSINESS MACHS COM 459200101 17,300 114,230 SH   SOLE   114,230 0 0
JOHNSON & JOHNSON COM 478160104 330 3,053 SH   SOLE   3,053 0 0
JPMORGAN CHASE & CO COM 46625h100 1,274 21,510 SH   SOLE   21,510 0 0
LIFELOCK INC COM 53224V100 688 57,000 SH   SOLE   57,000 0 0
METRO BANK PLC COM BZ6STL6GB 18,853 697,876 SH   SOLE   697,876 0 0
MICROSOFT CORP COM 594918104 7,032 127,330 SH   SOLE   127,330 0 0
MONDELEZ INTL INC CL A 609207105 224 5,588 SH   SOLE   5,588 0 0
NEXTERA ENERGY INC COM 65339f101 300 2,534 SH   SOLE   2,534 0 0
PHILIP MORRIS INTL INC COM 718172109 830 8,461 SH   SOLE   8,461 0 0
PROCTER & GAMBLE CO COM 742718109 351 4,263 SH   SOLE   4,263 0 0
RANGE RES CORP COM 75281a109 1,859 57,400 SH   SOLE   57,400 0 0
REPUBLIC FIRST BANCORP INC COM 760416107 14,968 3,555,156 SH   SOLE   3,555,156 0 0
SOUTHERN CO COM 842587107 546 10,553 SH   SOLE   10,553 0 0
TABLEAU SOFTWARE INC CL A 87336U105 2,293 50,000 SH   SOLE   50,000 0 0
VALEANT PHARMACEUTICALS INTL COM 91911k102 4,483 170,450 SH   SOLE   170,450 0 0
WALGREEN BOOTS ALLIANCE INC COM 931422109 211 2,500 SH   SOLE   2,500 0 0
WELLS FARGO & CO NEW COM 949746101 8,463 175,003 SH   SOLE   175,003 0 0
WELLS FARGO & CO NEW *W EXP 10/28/201 949746119 1,565 100,000 SH   SOLE   100,000 0 0
WHITE MTNS INS GROUP LTD COM g9618e107 1,124 1,400 SH   SOLE   1,400 0 0
YELP INC CL A 985817105 1,988 100,000 SH   SOLE   100,000 0 0